Question
What is the accounting rate of return for a project that is estimated to yield total income of $381,000 over three years and costs $848,000?
What is the accounting rate of return for a project that is estimated to yield total income of $381,000 over three years and costs $848,000?
Note: Round your answer to 2 decimal places. (i.e. 0.1234 should be entered as 12.34%.)
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Financial Accounting
Authors: Karen Bird, Gene Imhoff
3rd Edition
0984200541, 9780984200542
